May 13th, 2015
Studypool Tutor
Rogers State University
Price: $10 USD

Tutor description

Purpose: To Arrive atthe correct amount of Net Income/Net Loss of the business and to bring the Asset and Liability Accounts intotheir adjusted ending balances thatwill be presented on the financial statements

Word Count: 661
Showing Page: 1/4
BASIC ACCOUNTING: ADJUSTING ENTRIESADJUSTMENT OF ACCOUNTSPurpose: To Arrive atthecorrect amountof Net Income/Net Loss of the business and to bring the Asset and Liability Accounts intotheiradjusted ending balancesthatwill be presented on the financial statements.7 DIFFERENT TYPE OF ADJUSTING ENTRIES*ACCRUAL TYPE ADJUSTMENTS *PREPAID TYPE ADJUSTMENTS *OTHERADJUSTMENTS1. Accrued Expenses 1.Prepaid Expenses 1. Depreciation2. Accrued Revenues 2.Unearned Revenues 2.Bad Debts 3.Mercha

Review from student

Studypool Student
" Thank you, Thank you, for top quality work, this is your guy!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors